NEELACHAL ISPAT NIGAM LIMITED

Location

Odisha

Founded

1982-03-27

Risk Signals

83 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Cyclic Organic Crudes and Intermediates, and Organic Dyes and Pigments, Nitrogenous Fertilizers, Products of Petroleum and Coal, Not Elsewhere Classified, Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills, Metals Service Centers and Offices, Coal and Other Minerals and Ores), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about NEELACHAL ISPAT NIGAM LIMITED

Live alerts from global media, monitored by Business Radar

Tata Steel Q4 Update: India deliveries hit record, but production dips sequentially - CNBC TV18

2025-04-07 (cnbctv18.com)

Tata Steel Q4 Update: India deliveries hit record, but production dips sequentially - CNBC TV18

Tata Steel reported record domestic deliveries in Q4 despite a dip in output. Annual production rose 5% in India. Shares slipped nearly 8% amid broad selloff in metal stocks.

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Tata Steel acquires over 4.68 crore shares of Neelachal Ispat Nigam for Rs 300 crore

2023-02-23 (business-standard.com)

Tata Steel acquires over 4.68 crore shares of Neelachal Ispat Nigam for Rs 300 crore

Tata Steel said that as part of the first tranche of investment in Neelachal Ispat Nigam (NINL), the company has acquired 4,68,75,000 equity shares of its unlisted indirect subsidiary NINL for an amount aggregating to Rs 300 crore.

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Tata Steel acquires shares worth  ₹300 cr in NINL, shareholding increases to 5.23% | Mint

2023-02-23 (livemint.com)

Tata Steel acquires shares worth ₹300 cr in NINL, shareholding increases to 5.23% | Mint

The company on February 21, 2023, has subscribed to 4,68,75,000 equity shares of Rs10 each at a premium of ₹54 per share

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Tata Steel, JSW, Adani likely to bid for Neelachal Ispat's Odisha plant

2020-01-28 (business-standard.com)

Tata Steel, JSW, Adani likely to bid for Neelachal Ispat's Odisha plant

Plans are afoot to ramp-up the NINL steel plant's nameplate capacity to 10 million tonnes per annum (mtpa) from the current 1.1 mtpa

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MMTC executes share-purchase pact to sell stake in NINL to Tata Steel arm

(economictimes.com)

MMTC executes share-purchase pact to sell stake in NINL to Tata Steel arm

In January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd (TSLPL) for Rs 12,100 crore.

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MMTC shares rally 10% on transfer of stake in Neelachal Ispat Nigam

(indiatimes.com)

MMTC shares rally 10% on transfer of stake in Neelachal Ispat Nigam

The share purchase agreement was signed on March 10, following which the buyer, NINL and the six selling shareholders worked towards satisfying a set of conditions defined in the SPA, including certification of operational creditor's dues, employees' dues, sellers' operational and financial dues.

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Stock market essentials for July 5: Tata Steel acquires Neelachal Ispat Nigam for Rs 12,100 crore

(timesnownews.com)

Stock market essentials for July 5: Tata Steel acquires Neelachal Ispat Nigam for Rs 12,100 crore

Centre bars hotels, restaurants from imposing service charge; HDFC received ‘no objection’ letter from the RBI for the proposed merger of HDFC-HDFC Bank., Markets News, Times Now

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